Which Country Imports the Most Amine-Function Compounds in the World?

Basic Chemicals May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global imports of amine-function compound totaled 5M tonnes, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +1.2% from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010, when import increased by 8% year-to-year. Over the period under review, global amine-function compound imports reached its maximum volume of 5.1M tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.

In value terms, amine-function compound imports totaled $8B in 2016. In general, amine-function compound imports continue to indicate a mild reduction. Global amine-function compound import peaked of $11B in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Amine-Function Compound Importing Countries in the World

1. Germany (952.6 million USD)

2. USA (756.1 million USD)

3. India (560.0 million USD)

4. Belgium (547.3 million USD)

5. Japan (540.5 million USD)

6. Netherlands (465.6 million USD)

7. China (462.0 million USD)

8. South Korea (421.1 million USD)

9. Spain (298.8 million USD)

10. Hungary (190.7 million USD)

11. United Kingdom (175.3 million USD)

12. Czech Republic (24.7 million USD)

Amine-Function Compound Imports By Country

The imports of the twelve major importers of amine-function compound, namely China, Belgium, Germany, the Netherlands, the UK, India, the U.S., Hungary, Spain, Czech Republic, South Korea, and Japan, represented more than two-thirds of total import.

From 2007 to 2016, the most notable growth rate of amine-function compound imports, among the main importing countries, was attained by India (+9.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($953M), the U.S. ($756M) and India ($560M) appeared as the countries with the highest levels of imports in 2016, with a combined 28% share of global imports.

India (+8.2% per year) had the highest rates of growth with regard to the amine-function compound imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Amine-Function Compound Import Prices By Country

In 2016, the average import price for amine-function compound amounted to $1,589 per tonne, descending by -13.4% against the previous year. Overall, amine-function compound import price continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2008, when import increased by 18% year-to-year. In that year, average amine-function compound import price reached its maximum level of $2,396 per tonne. From 2009 to 2016, growth of average amine-function compound import price failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Japan ($3,804 per tonne), while Czech Republic ($142 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of amine-function compound import prices was attained by Japan (+1.5% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global amine-function compound market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • amine-function compound market share
  • amine-function compound prices
  • amine-function compound industry
  • amine-function compound sales
  • amine-function compound import
  • amine-function compound export
  • amine-function compound market forecast
  • amine-function compound price forecast
  • key amine-function compound producers

All data provided in this article covers the following product: HS Code 2921 - Amine-function compounds.

Source: World: Amine-Function Compounds - Market Report. Analysis and Forecast to 2025